Representatives of Poland, Denmark and Cyprus have agreed that during their countries' presidencies over the European Union (EU), it will be possible to pull the EU out of the economic crisis and reach a compromise on EU's 2014-2020 budget, the Polish news agency PAP reported on Wednesday.

Poland, as the first of the trio, will take over the presidency in the second half of 2011. It will be followed by Denmark and Cyprus.

"This will be a trio which will lead the European Union out of the economic and financial crisis," Polish Minister for European Affairs Mikolaj Dowgielewicz said at a joint briefing held together with Danish Deputy Foreign Minister Kim Jorgensen and Andreas Moleskis, the coordinator of Cyprus preparations for the EU presidency.

According to Dowgielewicz, the most important task of the trio will be the finding of a compromise on the future EU budget.

His opinion was echoed by Jorgensen, who noted that this will require much work and that one may expect also different opinions which now no one can even foresee.

The Danish representative recalled that his country already presided over the EU six times, and stressed that successive presidencies "inherit" even 85 percent of work from their predecessors, thus to a considerable degree their task boils down to the continuation of earlier undertaken efforts by other member countries.

"I am sure that we will be a very good presidential trio," Jorgensen added.